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Hero MotoCorp to bump up presence of VIDA V1 e-scooter to 100 cities

 Hero MotoCorp on Wednesday said it will scale up the presence of its electric scooter range under the VIDA brand to 100 cities this year. The company, which also announced a cut of around Rs 20,000 in the prices of VIDA V1 Plus and VIDA V1 Pro scooters, said it will utilise its existing dealer network to rapidly scale up electric vehicle operations across the country. "In line with our vision to democratise green mobility and expedite the growth of the electric vehicle (EV) category, we are set for a rapid expansion of VIDA across the country," Hero MotoCorp Head Emerging Mobility Business Unit Swadesh Srivastava said in a regulatory filing. The company will utilise the existing network strength of Hero MotoCorp to expand operations to 100 cities, he added. It has already commenced the expansion plan with eight new cities Pune, Ahmedabad, Nagpur, Nasik, Hyderabad, Chennai, Calicut and Kochi. VIDA brand is currently present in Bengaluru, Jaipur, and Delhi aided by nearly 300 char
03-05-2023
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HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 Please find enclosed herewith a copy of the Press Release being issued by the Company.
03-05-2023

Hero MotoCorp's sales decline by 5% YoY to 396,107 units in April

 Hero MotoCorp on Monday said its total wholesales declined 5 per cent year on year to 3,96,107 units in April. The country's largest two-wheeler maker had dispatched 4,18,622 units in the year-ago period. Domestic sales declined to 3,86,184 units from 3,98,490 units in April 2022. Exports also dipped to 9,923 units last month from 20,132 units in the year-ago period. The company expects the momentum to build up in the coming months on account of a combination of multiple factors, including a slew of new product launches, healthy growth in the country's GDP and positive consumer sentiments, Hero MotoCorp said in a statement.
01-05-2023
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HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 Please find enclosed herewith a copy of the Press Release being issued by the Company.
01-05-2023

Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday

 Buy or sell stocks: Sumeet Bagadia has recommended three stocks to buy on Monday Reliance, Hero Motocorp, M&M
29-04-2023
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HERO MOTOCORP LTD. - 500182 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed details of loss of share certificates.
28-04-2023
Bigul

HERO MOTOCORP LTD. - 500182 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Request To Furnish PAN, KYC Details And Registration Of Nomination In The Folio Of The Holders Of Physical Securities

 With reference to the SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37 dated March 16, 2023 and in continuation to our letters dated January 24, 2022 and March 20, 2023, please find enclosed a specimen of the letter sent to those shareholders who have not furnished either the PAN, KYC or nomination details against their shareholding in the physical folio(s). The shareholders are advised to furnish the prescribed KYC documents / details, to the Registrar & Share Transfer Agent viz. KFin Technologies Limited. The shareholders are also being informed regarding the linking of their PAN with Aadhaar on or before the prescribed date.
26-04-2023
Bigul

HERO MOTOCORP LTD. - 500182 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, we wish to inform that the Company will issue the Letter(s) of Confirmation / Entitlement Letter(s) to the respective shareholders in lieu of original share certificates reported to be lost / misplaced /to be exchanged by them, as per the enclosed Annexure.
26-04-2023
Bigul

HERO MOTOCORP LTD. - 500182 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

 Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyHERO MOTOCORP LTD. 2CIN NO.L35911DL1984PLC017354 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY AAA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)ICRA LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Mr Dhiraj Kapoor Designation: Company Secretary and Compliance Officer EmailId: [email protected] Name of the Chief Financial Officer: Mr Niranjan Gupta Designation: Chief Financial Officer EmailId: [email protected] Date: 24/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
24-04-2023

Hero Motocorp stays on top gear on robust sales, hopes of demand revival

 Its March volumes indicated a healthy pick up in domestic sales
24-04-2023
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